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GM Sees Boost to Profit From Job Cuts

General Motors said its earnings are picking up speed, with added momentum due to come this year from plant closures and job cuts denounced by President Trump......»»

Category: smallbizSource: wsjJan 12th, 2019

Ericsson shares hit four-year high after profit tops forecasts for fifth quarter

Ericsson posted a first-quarter profit on Wednesday that swept past forecasts due to strong growth in North America and cost cuts, spurring the telecom equipment maker to boost its full-year outlook for the global networks market......»»

Category: topSource: reutersApr 17th, 2019

Wells Fargo cuts net interest income outlook, sending shares lower

Wells Fargo & Co's aggressive cost cutting helped boost its quarterly profit, but shares in the lender fell after it dialed back its outlook for how much net interest income it would bring in this year......»»

Category: topSource: reutersApr 12th, 2019

PepsiCo moves to profit in 4Q, sees tax benefit

 PepsiCo moved to a profit in its fourth quarter, getting a boost from a large tax benefit as sales in its Frito-Lay unit North America strengthened. Shares rose $2.36, or 2.1%, to $114.95 in Friday... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 16th, 2019

Harley sees 2019 shipments slump, shares drop; will boost Thai investment

Harley-Davidson Inc reported worse-than-expected quarterly profit on Tuesday and forecast a slump in global shipments of its motorcycles in 2019, sending its shares down 5 percent......»»

Category: topSource: reutersJan 29th, 2019

Delta sees fuel costs dropping

Delta says fuel costs will drop and strong travel demand will boost profit in 2019. As Fred Katayama reports, United is bucking the trend by expanding its flight network as rivals scale back plans......»»

Category: videoSource: reutersDec 13th, 2018

Volkswagen to cut another $3.4 billion in costs to boost margins

Volkswagen announced another 3 billion euros ($3.4 billion) of cost cuts on Thursday in an effort to speed up an improvement in profit margins at its core VW brand......»»

Category: topSource: reutersDec 6th, 2018

Starbucks cuts 5 percent of its corporate workers

Starbucks, on a mission to boost profit and appease apprehensive investors, is dismissing about 5 percent of its non-restaurant workers......»»

Category: topSource: moneycentralNov 13th, 2018

Starbucks cuts 5 percent of its corporate workers

Starbucks, on a mission to boost profit and appease apprehensive investors, is dismissing about 5 percent of its non-restaurant workers......»»

Category: topSource: moneycentralNov 13th, 2018

Ex-Fed"s Yellen sees meager pick-up from Trump tax cuts

PARIS (Reuters) - U.S. President Donald Trump's tax cuts are likely to give only a meager boost to productivity growth in the United States, former Federal Reserve chief Janet Yellen said on Thursday......»»

Category: topSource: reutersJun 28th, 2018

IMF Sees U.S. Potential Growth at Half the Pace of White House Estimates

The International Monetary Fund warned that the economic boost from last year’s tax cuts in the U.S. will fade in 2019 and 2020, and the U.S. economy will then slow considerably......»»

Category: smallbizSource: wsjJun 14th, 2018

Tax Cuts Give Ford"s First-Quarter Profit a Boost

Ford Motor.....»»

Category: futuresSource: nasdaqApr 25th, 2018

Qualcomm Job Cuts Total 4.4% So Far

Chip maker Qualcomm began laying off employees, pursuing a promise to investors to boost profit by shedding $1 billion in expenses......»»

Category: smallbizSource: wsjApr 19th, 2018

Schlumberger posts profit drop, sees international spending rising

Oilfield services provider Schlumberger NV on Thursday forecast rising international and offshore exploration spending this year, after posting a 20 percent drop in first-quarter profit due to weak North American demand......»»

Category: topSource: reutersApr 18th, 2019

Bridgewater: US Profit Margins May Have Peaked

Ray Dalio's hedge fund sees stock prices going lowerCheck out Ray Dalio Stock Picks » Download GuruFolio Report of Ray Dalio (Updated on 04/16/2019).....»»

Category: personnelSource: nytApr 17th, 2019

North American snacks, beverages boost Pepsi"s earnings

PepsiCo reported first-quarter sales and profit above analysts' estimates Wednesday, boosted by higher demand for its snacks, sparkling water and low-sugar sodas, sending its shares up......»»

Category: topSource: moneycentralApr 17th, 2019

PepsiCo results beat on boost from North American snacks, beverages units

PepsiCo Inc reported first-quarter sales and profit above analysts' estimates on Wednesday, boosted by higher demand for its snacks, sparkling water and low-sugar sodas, sending its shares up about 2 percent before the bell......»»

Category: topSource: reutersApr 17th, 2019

PepsiCo sales beats on boost from snacks, beverages

PepsiCo Inc beat Wall Street estimates for sales and profit on Wednesday, boosted by higher demand for its snacks, low-sugar sodas and other beverages across its major markets, sending its shares up about 2 percent before the bell......»»

Category: topSource: reutersApr 17th, 2019

CSX quarterly profit tops view on price increases, cost cuts

CSX Corp on Tuesday reported quarterly profit that topped Wall Street's expectations, after the No. 3 U.S. railroad operator contained costs and pushed through price increases......»»

Category: topSource: reutersApr 16th, 2019

Qualcomm Sees $2 per Share EPS Boost after Settling All Apple Lawsuits

Qualcomm and Apple have settled a long-running legal battle over licensing fees for Qualcomm's modem chips. The chipmaker clearly held the better cards......»»

Category: blogSource: 247wallstApr 16th, 2019

Bank of America profit tops estimates on growing loan book

Bank of America Corp reported a better-than-expected rise in quarterly profit on Tuesday, as a growing loan book and cost cuts made up for a drop in revenue in investment banking......»»

Category: topSource: moneycentralApr 16th, 2019